dv scarcity a. A system used to manage limited resources for the production, distribution, and consumption of goods and services. b. Looks at exonomic decision making by individuals, households, economics and businesses. tradeoff c. The study of how people choose to use their limited resources to satisfy their unlimited wants marginal benefit d. The condition that results because people have limited resources but unlimited wants. economy e. Focuses on the working of an economy as a whole. f. Any factor that encourages or motivates a.person to do something. cost-benefit analysis g. The exchange of tone benefit or advantage for another that is thought to be better. v incentive h. A way to compare the costs of an action with the benefits of that action. If the benefits exceed costs, then the action is worth taking. macroeconomics i. What you gain by adding one more unit. microeconomics
dv scarcity a. A system used to manage limited resources for the production, distribution, and consumption of goods and services. b. Looks at exonomic decision making by individuals, households, economics and businesses. tradeoff c. The study of how people choose to use their limited resources to satisfy their unlimited wants marginal benefit d. The condition that results because people have limited resources but unlimited wants. economy e. Focuses on the working of an economy as a whole. f. Any factor that encourages or motivates a.person to do something. cost-benefit analysis g. The exchange of tone benefit or advantage for another that is thought to be better. v incentive h. A way to compare the costs of an action with the benefits of that action. If the benefits exceed costs, then the action is worth taking. macroeconomics i. What you gain by adding one more unit. microeconomics
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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I need help just match the definition.
![Quie - Chapters 1 Economics
quia.com cUIZ/7121486 htmPAP_rand=2079927305
Co Student Bookmarks O Schoology
Bayside Home Page O Schoology
Bayside Home Page Its Elemental - Ele.
A Desmos | Testing
Play Kahoot - Ente
KeepVid: downbad
dv scarcity
a. A system used to manage limited resources for the production,
distribution, and consumption of goods and services.
cv economics
b. Looks at exonomic decision making by individuals, households,
and businesses.
v tradeoff
c. The study of how people choose to use their limited resources
to satisfy their unlimited wants
v marginal benefit
d. The condition that results because people have limited
resources but unlimited wants.
e. Focuses on the working of an economy as a whole.
f. Any factor that encourages or motivates a.person to do
something.
economy
v cost-benefit
analysis
g. The exchange of tone benefit or advantage for another that is
thought to be better.
h. A way to compare the costs of an action with the benefits of
that action. If the benefits exceed costs, then the action is
worth taking.
v incentive
v macroeconomics
i. What you gain by adding one more unit.
microeconomics](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff90ea111-ea89-4bb4-b2d6-b400a3c170c1%2F04872285-3506-4817-b34e-7ea860ece7e9%2F3sf8vw8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Quie - Chapters 1 Economics
quia.com cUIZ/7121486 htmPAP_rand=2079927305
Co Student Bookmarks O Schoology
Bayside Home Page O Schoology
Bayside Home Page Its Elemental - Ele.
A Desmos | Testing
Play Kahoot - Ente
KeepVid: downbad
dv scarcity
a. A system used to manage limited resources for the production,
distribution, and consumption of goods and services.
cv economics
b. Looks at exonomic decision making by individuals, households,
and businesses.
v tradeoff
c. The study of how people choose to use their limited resources
to satisfy their unlimited wants
v marginal benefit
d. The condition that results because people have limited
resources but unlimited wants.
e. Focuses on the working of an economy as a whole.
f. Any factor that encourages or motivates a.person to do
something.
economy
v cost-benefit
analysis
g. The exchange of tone benefit or advantage for another that is
thought to be better.
h. A way to compare the costs of an action with the benefits of
that action. If the benefits exceed costs, then the action is
worth taking.
v incentive
v macroeconomics
i. What you gain by adding one more unit.
microeconomics
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